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Live News EQUITY ARTICLE M impact

Jio Platforms IPO Draws ₹2.5 Lakh Crore Demand for ₹8,110 Crore Anchor Book

Institutional demand for the Reliance Industries subsidiary’s IPO is about ₹2.5 lakh crore, ahead of its stock market debut.

RELIANCE

Jio Platforms’ initial public offering has attracted institutional demand of about ₹2.5 lakh crore, with global asset managers, sovereign wealth funds, domestic mutual funds and insurers among investors seeking a stake in the Reliance Industries subsidiary ahead of its stock market debut.The compan…